City of Oak Creek

Common Council Report

Meeting Date:  August 16, 2005

Item No.:        

 23

Recommendation:  That the Council adopt Resolution No. 10540-081605 approving the final plat for the Carrollville Crossings subdivision.

Background:  MK/S-EP, LLC is requesting approval of the final plat for the Carrollville Crossings subdivision at 8781 and 8931 S. 5^th Avenue.  This subdivision will create 52 lots in the Rs-3, Single Family Residential zoning district.  The preliminary plat was approved October 13, 2003 and the final plat substantially conforms to the preliminary plat.  The public improvements have been certified as complete by the Engineering Department, the Streets Department, and the Water and Sewer Utility. The plat therefore may be presented to the Common Council for approval prior to recording.

The Plan Commission has reviewed this final plat and has recommended its approval.

Fiscal Impact:  This subdivision will generate $126,308 in impact and development fees as permits are issued for homes to be built on these lots.

Recent data has suggested that any homes constructed on the newly created parcels would need to have an assessed value in excess of $249,577 in order to generate revenues equal to costs.

Prepared by: Doug Seymour, AICP Director of Community Development

Fiscal Review by: Beverly A. Buretta, CMC City Clerk